IndiGo faces Rs 458 crore GST penalty; airline to contest ruling
New Delhi (PTI): The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
The Additional Commissioner of CGST- Delhi South Commissionerate has slapped the penalty. It pertains to the assessment order under Section 74 of the Central Goods and Services Tax Act, 2017, for FY-2018-19 to FY 2022-23, according to a regulatory filing.
The total GST penalty is Rs 458,26,16,980.
"GST department has passed an order imposing GST demand along with interest and penalty on compensation received from foreign supplier and denial of Input Tax credit. The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed by advice from external tax advisors.
"Accordingly, the company will contest the same and shall take appropriate legal remedies against the aforesaid order. The company is already in appeal before the Commissioner (Appeals) in a similar matter for FY 2017-18," the filing said on Tuesday.
Further, IndiGo said that since it will contest the order, the order does not have any significant impact on financials, operations or other activities of the company.
Separately, the Office of the Joint Commissioner, Lucknow, has imposed a penalty of Rs 14,59,527 on IndiGo for the period 2021-22.
"The department has denied input tax credit availed and has raised a demand along with interest and penalty on the company. The company believes that the order passed by the authorities is erroneous. Further, the company believes that it has a strong case on merits, backed by advice from external tax advisors," InterGlobe Aviation, the parent of IndiGo, said in another regulatory filing.
According to the company, it will contest the order before the appropriate authority, and there is no significant impact on its financials, operations or other activities.
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Delhi airport sees 148 flight cancellations due to low visibility conditions
New Delhi (PTI): At least 148 flights were cancelled and over 150 flights were delayed at the Delhi airport on Wednesday due to dense fog and low visibility conditions.
Two flights were diverted at the national capital's Indira Gandhi International Airport (IGIA), which is operated by the Delhi International Airport Ltd (DIAL).
An official said 78 arrivals and 70 departures were cancelled at the airport.
In a post on X in the morning, DIAL said visibility at the airport is improving but a few flights may still be affected.
The airport's on-ground officials are working closely with all stakeholders to assist passengers and provide necessary support across terminals, it added.
The civil aviation ministry in a post on X said prevailing fog conditions in parts of Northern India may impact flight operations at select airports.
"Airlines have been instructed to strictly adhere to passenger service norms, including timely information, assistance during delays, rebooking or refunds where applicable, and baggage facilitation," it said.
IGIA handles around 1,300 flight movements daily.
